Arab Today, arab today chinese yuan weakens to 65805 against usd monday
Last Updated : GMT 11:40:20
Arab Today, arab today
Arab Today, arab today

Chinese Yuan Weakens to 6.5805 against USD Monday

Arab Today, arab today

Arab Today, arab today Chinese Yuan Weakens to 6.5805 against USD Monday

yuan & US dollar
Beijing - QNA

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 212 basis points to 6.5805 against the US dollar Monday, according to the China Foreign Exchange Trading System
In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2% from the central parity rate each trading day, according to China's (Xinhua) News Agency. 
The central parity rate of the yuan against the US dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

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